Actually, the "many people" comes from the number of articles that have been written on it recently along with all of the schools that are withdrawing themselves from the rankings because it is progressively being seen as a scam. I'm not some 18 year old pre-med. I've worked in manufacturing for 7 years and you still hear people that claim that you have some special advantage if you have an engineering degree from MIT or CalTech. It's just not true. Your starting salary and earnings potential will be the same or similar if you went to an ABET accreditted school from somewhere in the middle of nowhere. A school can only claim that they select the best students which then do better because of the student, not the school. Everyone has to pass boards, take nationwide tests, etc...Of all the schools I interviewed at, the one with the lowest average MCAT scores and probably considered to be not very prestigious had the highest pass rate on Step 1 over the last 5 years.